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Everything posted by ERICOPOLY
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Lots of opportunities: Upper Sacramento River (short walk) Lower Sacramento (50 minute drive -- below Lake Shasta) McCloud River (23 minute drive) Pit River (75 minute drive) Hat Creek (75 minute drive) Fall River (75 minute drive) Klamath River (60 minute drive) Trinity River (94 minutes) Many options, not counting lakes.
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Have you tried a few coats of polyurethane on them to seal them?
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We may be naive, but we're thinking the butcher block countertop will be a safe option because we can remove stains with sandpaper.
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The floor below is the basement and crawlspace so we'll get to them. This is the stuff: https://www.amazon.com/gp/product/B004EVE42G/ref=ppx_yo_dt_b_asin_title_o08_s00?ie=UTF8&psc=1
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My wife is a 'handyman'. She has gutted a kitchen and bathroom before and rebuilt the cabinets and retiled it herself. We've been watching "This Old House" videos on You Tube to learn how to replace the ropes in the sash windows and she's so excited to have these projects to work on. The table saw in our garage is hers, not mine, from before I met her. The prior renters were hoarders. The neighbors said that the city would tell them to move their trash and they would do so, but then they would move it back into the yard again. For years it decorated the front yard and side and rear of the home and filled the basement and crawlspace. This is from April 2021 and this is NOT moving day. They lived like this for a decade. The city fined the property owner for this situation and there was a sizable lien to be paid off:
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That's a different one. It's this one below. The neighbors on both sides were very nice and came over to intervene when they thought we were snooping around the backyard. One of them is a handyman who can do plumbing for $35 an hour. Both neighbors had contemplated buying it to avoid a situation like the one they had before with the renters, but being "all cash" it was a sticking point I believe. Previously there was a breakin and there is a spoon with a lighter in the basement washtub and a needle in the kitchen sink. Graffiti on the walls. It had been a long-term rental to the son of the owner who is under a conservatorship and he trashed the place, there was a marijuana grow going on in the basement, it's a "crack house". That basement window to the rear of the house was kicked in which is how they entered the house, and that's one of the windows that needs replacement. :
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It's very close to downtown Dunsmuir. 1/2 mile walk to the brewery and 500 ft to public access to the river (and great water at that spot). It will be on AirBnb, because you know, we have to cover that $950 annual property tax somehow We'll get the renovations done for roughly $50k - $60k we think. But that does not include the project of turning the basement into an apartment. It is zoned R3 so it will be a full legal apartment. Electrical: $2,000. Kitchen: $6,000 for the kitchen (we're not doing upper cabinets, just shelving above $485 10' maple butcher block countertop and Ikea cabinets, and Diamond floor paint. Appliances are most of this cost) Bathroom: $3,000. (original cast iron alcove bathtub is already there. Then it's just tiling and a couple hundred for pedestal sink and a couple hundred for toilet) Roof: $14,000 for metal standing seam roof that a contractor will install. Attic insulation: $750 Windows: $5,000. Rear staircase: $2,000 Plumbing: It can't be much, it's just replacing pipes. Ducting: ? Heat pump: no idea really, guessing $10k Siding boards... we need to replace about 1/4 of the redwood siding. The rest looks pretty good and it's 100 years old now. It is "Double ogee" siding and may need to talk to a lumber mill or go looking for salvage material. Paint: $1,000 ??? Amtrak Coast Starlight stops in Dunsmuir so just take the train. 0.4 miles to train station.
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I have never done much work around the house before. Lived in them, other people built them and fixed them. I am closing in a few days on a 900 sqft "crack house" in California built in 1920. $90,000. For that price I get a house that people cannot get financing on. Hobbies: I am learning wiring. I am learning plumbing. I am learning lath&plaster repair. I am learning sanding and refinishing wood floors. I am learning insulation. I am learning framing. I am learning tiling. I am learning window restoration (pulley and weight sash windows) Everything in the kitchen will be gutted. Everything but the bathtub will be gutted in the bathroom. All electrical will be ripped out and replaced. All plumbing will be replaced. All ducting will be replaced. Unfinished basement will become a legal apartment (not sure if I'm doing all of this part myself). Oh, the dream project! Endless hobby. Once ready, it's less than 2 blocks from the Upper Sacramento river and will be my fly fishing retreat. 10 minutes to Mt. Shasta.
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I know what you're saying. But as for making money... The conservative news has been all over the "it's Biden's policies driving inflation" bandwagon. Politics is as politics does. Do you worry the 'transitory' argument is not being paid enough attention?
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I don’t hold a positive opinion of Biden. But the Afghanistan disaster’s seed was sown when Trump fumbled the negotiations with the Taliban when he agreed to a deadline for withdrawal. John Bolton made it very clear that the withdrawal deadline was 100% Trump’s doing, he wanted his name nowhere near that agreement.
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1. He telegraphed the military's retreat, endangering US troops who were indeed attacked as a result. 2. Apparently not. 3. Sent a message to Putin that America won't stand with our allies.
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For all you know the margin loan is non-recourse. That can be easily accomplished with a put position on BABA. Would that require a disclosure?
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He withdrew US forces, leaving ISIS for the next Administration to deal with. https://www.wilsoncenter.org/article/isis-leader-killed-us-raid-syria
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That was the Republican viewpoint. Haha.
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Not revisionist: A precipitous withdrawal of US forces from Syria would only benefit Russia, Iran, and the Assad regime,” McConnell said. https://www.theguardian.com/us-news/2019/oct/07/trump-syria-us-troop-withdrawal-turkey Graham told Fox News: “I hope I’m making myself clear how short-sighted and irresponsible this decision is. I like President Trump. I’ve tried to help him. This, to me, is just unnerving to its core.”
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He ordered US forces to withdraw leaving US allies undefended. Yes, that was a strong message to Putin.
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There was nobody else to vote for. Hopefully there will be a Republican option in the future.
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This is funny: "reformed hedge fund investor Whitney Tilson" https://finance.yahoo.com/news/a-meta-morphosis-in-market-sentiment-morning-brief-100754611.html
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added to BABA, JD, PDD
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shorted BROS common at $49.59 to hedge the naked puts I wrote on Friday. Stock dove down 6% yesterday, but then turned around and gained 10% for the day, AND was up another 9% today.
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What are you listening to ? (Music thread)
ERICOPOLY replied to Spekulatius's topic in General Discussion
I didn't realize these live Zeppelin performances were up on YouTube: -
Strange it's up 4% today after being down almost 6%. I'm thinking it's not hitting the 20s but maybe.
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wrote BROS puts.
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Insider Trading By Politicians Should Be Stopped!
ERICOPOLY replied to Parsad's topic in General Discussion
Yeah, be an asshole and then blame the other guy for not enjoying it. Something must be wrong with him. -
Insider Trading By Politicians Should Be Stopped!
ERICOPOLY replied to Parsad's topic in General Discussion
Ah yes, it's not me, it's you.